Question: Decision Insight Asset control: Long-term assets must be safeguarded against theft, misuse, and other damages. Controls take many forms depending on the asset, including use of security tags, the legal monitoring of rights infringements, and approvals of all asset disposals. A study reports that 43% of employees in operations and service areas witnessed the wasting, mismanaging, or abusing of assets in the past year. (KPMG 2011)